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What is the story about?
Stocks ranging from Hind Rectifiers to VIP Industries, Amber Enterprises, Symphony, KEC International and Cochin Shipyard are some of the biggest laggards in the broader markets, in response to their fourth quarter results that were reported after market hours on Friday and over the weekend. Here's a look at the biggest losers:
Stock down 11%, and is the top loser on the BSE Smallcap index. This is the biggest single-day fall for the stock since February 2020. The company's EBITDA was down 58% during the quarter, margins narrowed to 3% from 10.8% last year.
The stock is down over 7%, marking the biggest single-day fall since October 2024. Net loss widened to ₹128.9 crore from loss of ₹27.3 crore last year. EBITDA loss also widened. The company though, said that growth will start from FY27 and target is to regain lost market share in FY28 and beyond.
The stock is also down 15% on Monday, marking their biggest single-day drop since May 2022 . Revenue for the quarter was in-line with expectations, while margins were the highest in 20 quarters. RAC segment margins though were under pressure due to higher copper prices.
The company reported a net loss of ₹218 crore during the quarter compared to a net profit of ₹79 crore. EBITDA is down 53%, margins also narrowed by over 700 basis points. The stock is also down 7.7% on Monday, marking the biggest single-day drop since February 2025.
Earnings missed expectations in the March quarter due to a ₹450 crore collection spillover. Margins declined by 80 basis points due to the operating deleverage. The company expects to win orders worth ₹30,000 crore in FY27, with 20% from Civil and the rest from other segments. The management also expects Q1 to be flattish. The stock is down the most since November 2025 after a 7% drop.
The results were dragged by a weak performance of the consumer products segment, with revenue declining 7%. There was also an exceptional impairment loss of ₹26.4 crore due to Nirlep's goodwill. The stock is down 7% marking the biggest single-day fall since June 2022.
The stock is down over 5% on Monday in response to its results. Brokerage firm Kotak Institutional Equities maintained its "sell" rating on the stock with a price target of ₹830, which implies a downside potential of 48% from current levels.
Hind Rectifiers
Stock down 11%, and is the top loser on the BSE Smallcap index. This is the biggest single-day fall for the stock since February 2020. The company's EBITDA was down 58% during the quarter, margins narrowed to 3% from 10.8% last year.
VIP Industries
The stock is down over 7%, marking the biggest single-day fall since October 2024. Net loss widened to ₹128.9 crore from loss of ₹27.3 crore last year. EBITDA loss also widened. The company though, said that growth will start from FY27 and target is to regain lost market share in FY28 and beyond.
Amber Enterprises
The stock is also down 15% on Monday, marking their biggest single-day drop since May 2022 . Revenue for the quarter was in-line with expectations, while margins were the highest in 20 quarters. RAC segment margins though were under pressure due to higher copper prices.
Symphony
The company reported a net loss of ₹218 crore during the quarter compared to a net profit of ₹79 crore. EBITDA is down 53%, margins also narrowed by over 700 basis points. The stock is also down 7.7% on Monday, marking the biggest single-day drop since February 2025.
KEC International
Earnings missed expectations in the March quarter due to a ₹450 crore collection spillover. Margins declined by 80 basis points due to the operating deleverage. The company expects to win orders worth ₹30,000 crore in FY27, with 20% from Civil and the rest from other segments. The management also expects Q1 to be flattish. The stock is down the most since November 2025 after a 7% drop.
Bajaj Electricals
The results were dragged by a weak performance of the consumer products segment, with revenue declining 7%. There was also an exceptional impairment loss of ₹26.4 crore due to Nirlep's goodwill. The stock is down 7% marking the biggest single-day fall since June 2022.
Cochin Shipyard
The stock is down over 5% on Monday in response to its results. Brokerage firm Kotak Institutional Equities maintained its "sell" rating on the stock with a price target of ₹830, which implies a downside potential of 48% from current levels.
